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Synechron Partners with Insurtech UK to Promote Innovation in the UK Insurance Sector Friday, March 29, 2019 - London, New York, Paris, Amsterdam, Dubai, Pune, Hyderabad, Mumbai, Bangalore, Chennai

Synechron Inc., a leading Digital IT Consulting firm for financial services, has today announced a strategic partnership with Insurtech UK, in an effort to help promote the need for innovation within the UK insurance sector.

Insurtech UK, formed in November 2018, is the UK’s newest trade alliance in the sector with a mission to come together to speak with one voice about specific Insurtech-related issues and needs arising out of the technological revolution in the sector. The Alliance is comprised currently of 42 members and partners, including leading Insurtech start-ups, Tapoly, Honcho and Worry & Peace, as well as top-tier firms, Lloyd’s of London and Hiscox Insurance.

As the fourth largest insurance market globally, the UK insurance industry is due for innovation. In partnering with Insurtech UK, Synechron will help advise the Alliance on best practices and to help it achieve its mission to champion the vast potential of the wider UK digital economy. Synechron will help Insurtech UK develop its operational and communications strategy in utilising its expertise across the insurance landscape from a media, regulatory and technology perspective. Synechron can advise Insurtech start-ups and insurers on how they can adopt newer technologies into their strategies and additionally can help them accelerate their digital roadmaps via Synechron’s award-winning accelerator programs.

Tony Clark, Managing Director at Synechron UK said, "We are delighted to be included in Insurtech UK’s first wave of partnerships and members as an associate partner amongst a winning combination of established firms and start-ups. With our expertise, we are here to help Insurtechs and insurers alike, reach the next level of their digital journeys.”

Matt-Hodges Long, Interim Council & Founding Member of Insurtech UK said, “We were very keen to ensure that the associate members and partners who joined us had the credibility and experience in the sector to contribute effectively to our work, and we are delighted that Synechron has signed on as one of our consulting partners. We look forward to working together collaboratively on various initiatives to help the Insurtech sector reach its true potential.”

About Insurtech UK
Insurtech UK is an alliance of 42 insurtech startups and brands. Our founders have come together to speak with one voice about specific insurtech-related issues and needs arising out of the technological revolution in the sector. Their mission is to use technology to improve insurance and risk management for customers and make the UK the best place for innovating insurance in the world.

About Synechron
Synechron is a leading Digital IT Consulting firm and is working to Accelerate Digital initiatives for banks, asset managers, and insurance companies around the world. We achieve this by providing our clients with innovative solutions that solve their most complex business challenges and combining Synechron’s unique, end-to-end Digital, Business Consulting, and Technology services. Based in New York, the company has 18 offices around the globe, with over 8,000 employees producing over $500+M in annual revenue. For more information on the Company please visit the website or our LinkedIn community

About Business Intelligence Group
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry and business award programs, business executives—those with experience and knowledge—judge the programs. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.

For more information, please contact:
media@synechron.com

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